FV 2040 Community Vision LUP - Adopted 7-11-2022

Town Demographic Profile Fuquay-Varina remained a small, rural town between the years of the merger (1963) and the turn of the century (2000). Since that time, growth and expansion has been rapid throughout.

community. Many seniors choose to live in Town to be with their children and grandchildren. The distribution of people among the three categories will influence how the Town prioritizes some of its priorities and future investments; especially in terms of parks, transportation, and senior services. Attracting a more distributed demographic profile for the Town in terms of age, race, income, household size, material status, etc. will result in a more well-rounded community. Groups underrepresented in Fuquay-Varina will be attracted to new housing, neighborhoods, shopping, and entertainment options provided for in the Land Use Plan. Demographic data collected for the Town of Fuquay-Varina is presented on the following pages. All data is reported for the most current year available. Town Planning Area Population 44,054 Population (2010) 61,817 Population (2021) 17,763 Absolute Growth, 2010 to 2021 40% Percent Change 52,907 Population (2016) 107,958 Population (2040) 46,141 Anticipated Growth, 2021 to 2040 75% Percent Change Notes: Full Planning Area = Town Limits + Extraterritorial Jurisdiction + Urban Services Area (see page 5) Future year population statistic for 2040 is consistent with information published by the Triangle J Council of Governments for the Campo 2050 Metropolitan Transportation Plan.

40 to 49 years 50 to 59 years 60 to 69 years 70 and older

Under 10 10 to 19 years 20 to 29 years 30 to 39 years

Observed growth in the Town’s Planning Area between 2010 and 2021 was 17,763, which represents an increase of 40.3%. This pace of growth now makes Fuquay-Varina one of the fastest growing municipalities in North Carolina. Growth is expected to accelerate in the future, reaching up to 107,958 residents in the planning area for 2040 based on modeling completed by the Triangle J Council of Governments in 2021 for the CAMPO 2050 Metropolitan Transportation Plan. This represents an increase of 75% compared to the number of residents reported for the planning area in 2021 (61,817). New residents, and especially families, are attracted to the area because of affordable housing, quality schools, and a small-town charm. The average household size in Town is larger compared to Wake County and the State of North Carolina (2.91 in the Town vs. 2.61 in Wake County and 2.51 in North Carolina). Median household income ($81,914) for the Town is also similar when compared to Wake County ($83,567), but higher than North Carolina ($56,642). The distribution of residents living in Fuquay- Varina is comprised largely of adults age 20 to 60 (53%) and their children age 0 to 19 (31.4%). Seniors over 60 (15.6%) represent the rest of the

Population Age Breakdown

Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table S0101

Population Gender Breakdown

57.7% Female

15.5%

43.3% Male

Source: US Census Bureau, ACS 5-Year Estimates, 2016- 2020, Table S0101

3.33 Average Family Size Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table S1101

2.91 Average Household Size (Fuquay-Varina) 2.61 Average Household Size (Wake County) 2.51 Average Household Size (North Carolina) Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table S1101

1.7%

1.6%

5.2%

Household Size

19.2%

White Black or African American American Indian and Alaska Native Asian Some other race Two or more races Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table DP05

Population by Race

20.7%

1-person 2-person 3-person 4-or-more- person

31.2%

0.2%

30.0%

18.1%

72.1%

Source: US Census Bureau, ACS 5-Year Estimates, 2016-2020, Table S2501

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Fuquay-Varina Land Use Plan

Chapter 1: Introduction

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